Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. MongoDB Inc shares valued at $811,890 were sold by MERRIMAN DWIGHT A on Mar 03 ’25. At $270.63 per share, MERRIMAN DWIGHT A sold 3,000 shares. The insider’s holdings dropped to 1,109,006 shares worth approximately $214.02 million following the completion of this transaction.
Also, MERRIMAN DWIGHT A purchased 3,000 shares, netting a total of over 811,110 in proceeds.
Before that, Ittycheria Dev had sold 8,335 shares from its account. In a trade valued at $2,229,454, the President & CEO traded MongoDB Inc shares for $267.48 each. Upon closing the transaction, the insider’s holdings decreased to 8,335 shares, worth approximately $41.93 million.
As published in a research note from Wells Fargo on March 06, 2025, MongoDB Inc [MDB] has been rated down from an Overweight to an Equal weight and the price target has been revised to $225 from $365. Analysts at Monness Crespi & Hardt upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early March. As of January 21, 2025, China Renaissance has initiated its “Buy” rating for MDB. Earlier on January 17, 2025, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for MDB stock.
Analyzing MDB Stock Performance
During the last five days, there has been a drop of approximately -26.46%. Over the course of the year, MongoDB Inc shares have dropped approximately -17.11%. Shares of the company reached a 52-week high of $298.92 on 02/18/25 and a 52-week low of $192.79 on 03/06/25. A 50-day SMA is recorded $261.71, while a 200-day SMA reached $269.28.
Support And Resistance Levels for MongoDB Inc (MDB)
According to the 24-hour chart, there is a support level at 186.51, which, if violated, would cause prices to drop to 180.04. In the upper region, resistance lies at 205.73. The next price resistance is at 218.47. RSI (Relative Strength Index) is 24.49 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -30.11, which suggests the price will decrease in the coming days. Percent R is at 99.82%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
